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New Payments Platform

With payments processed in real time, the New Payments Platform (NPP) provides you with a faster way to send and receive money.


Use a simple and easy to remember PayID, instead of account numbers and BSBs.

Real time access

Make and receive payments anytime, any day. This includes outside normal business hours.


The NPP is certified to the highest data security capabilities and monitored 24/7.

Get Started with NPP

To make and receive faster payments you’ll need to be registered for Online Banking or the Cap App.

The next thing you should do is check that your email address and mobile number registered with The Capricornian are up to date. You can do this from within Online Banking or call us on 1300 314 900.

Once you’ve checked your details are up to date you’re ready to register a PayID.

The New Payments Platform (NPP) is a payments system that provides Australian consumers, businesses and government simple payments through a fast, versatile, data-rich payments system.

Is NPP safe?

Yes. Protecting our members’ funds is of paramount importance to The Capricornian. Payments made through the NPP enjoy the same high levels of security which The Capricornian is renowned for. Some of the protections in place include:

  • 2 Factor Authentication – a two-step authentication process which adds another layer of security to your transactions. A unique code will be sent to your phone then entered into the relevant space where requested.
  • 24/7 Fraud Monitoring – The Capricornian will ensure that all NPP transactions are monitored 24/7. You will be contacted if we suspect you have been the victim of fraud.

The New Payments Platform (NPP) is a payments system that provides Australian consumers, businesses and government simple.

PayID is an initiative of New Payments Platform and is available to Capricornian members right now.

A ‘PayID’ is a memorable piece of information unique to you, such as your phone number, email address or Australian Business Number (ABN) if you’re a business. You can register your PayID now via online banking, mobile banking or the Cap App.

Something as simple as your mobile number, email address or ABN can be used as your unique PayID.

Can someone take money from your account using PayID?

A PayID cannot be used to take money out of an account. It can only be used to receive payments. If someone wants to pay you, all you need to give them is your PayID and vice versa if you are paying them. When you make a payment to a PayID, you will be shown the name of the person you’re sending the payment too, prior to paying them. There will no longer be the need to memorise your bank account details.

To register using the The Cap App, follow these simple steps:

  1. Download latest version of the App from App Store or Google Play
  2. Log in to the App
  3. Go to Transfers
  4. Select the PayID icon
  5. Add New
  6. Select PayID contact details
  7. Select account
  8. OK
  9. Accept Terms & Conditions
  10. Verify PayID

To register using the The Capricornian Online Banking site, follow these simple steps:

  1. Log in to Online Banking
  2. Go to Settings
  3. Select Manage PayID
  4. Select Create PayID
  5. Select contact details
  6. Select Financial account
  7. Verify PayID
  8. Accept Terms & Conditions
  9. Create

Osko by BPAY® is an innovative payment service, and because it is built on the New Payments Platform, it allows all Australians to make and receive faster, 24/7 payments. Rather than waiting hours or days for a payment from someone who owes you money, and who happens to use a different bank, money can be moved in near real-time with funds available almost immediately.

The service could be used when paying at a group dinner, socialising, or even paying a plumber on the spot. Osko by BPAY® enables payments to one another more conveniently than ever before.

Capricornian members are able to use Osko when making payments. The NPP has sped up and simplified how we all transfer money to one another.

How to make an Osko payment

To make an Osko payment, when on the External Transfer Screen in Online Banking or on the Cap App, select Osko under the Transfer Type section. This will mean the payment will occur in real-time, normally within seconds.

Eligibility criteria, terms and conditions, fees and charges apply. The Capricornian Ltd. ABN 54 087 650 940. AFSL/Australian Credit Licence 246780.

Real time payments with NPP.

A safe way to make payments and get paid, using PayID or Osko.